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Thursday, January 13, 2011

The King Returns (NYSE: TEX)

NEW YORK - Shares of manufacturing giant Terex corporation known in some circles as simply "The King" due to its Latin origins in its name, have exploded higher this morning. The stock had fallen 13% since January 3. Investors likely saw this as a buying opportunity to buy Terex shares at a cheaper price. The company has yet to announce when it will release its 4th quarter earnings report. Estimates are for Terex to break-even.

To see the full Terex report click here.

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